indicates that daycare businesses are likely to encounter one of the fastest-growing employment rates out of all professional fields by 2020.
The reason is obvious, as the demand for childcare services strongly depends on the number of working parents, which is continually increasing.
This work requires a clean bill of patience, dedication, and love, as it may be utterly overwhelming at times, with more-than-8-hour working day and all the paperwork that comes along.
However, watching how the kids develop as they become older is worth all the efforts, isn’t it?
It means that the best time for entering the child care market is right away. Smith wants to open a new locally-owned, nationally accredited Kids Care Center, focusing on the provision of day-to-day full-time care and loving environment for children aged from 1 month to 60 months.
He can skip many complicated licensing and paperwork issues by purchasing a franchise, but the cheapest option starts at ,000 and may cost up to ,5 million.
Based on their age, the kids visiting the center should be divided into 5 groups: For setting up the business, Mr.
Smith needs to rent a house, hire child care professionals trained in early learning programs, and calculate the overall daycare startup cost. Smith can start looking for funding by investor or lender, interested in a profitable startup idea. The primary expenses include renting costs and wages of staff, while the secondary ones consist of costs of food, driving, nappies, etc.
So how to start a daycare at home, proving investors that your idea is worth their money?
The plan should consider all these things because Mr.